Business
Kratos wins $100 million sole-source space surveillance contract
Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
TSMC lifted its 2026 capex plan to $60 billion to $64 billion, above prior guidance, on sustained demand for AI chips, packaging and fab capacity.
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Kratos received an approximate $100 million sole-source prime award for a ground-based space domain awareness system, adding to its defense backlog.
TSMC lifted its 2026 revenue and capital-spending outlook after stronger AI and data-center chip demand, signaling continued intensity in chip supply chains.
British Columbia issued an environmental assessment certificate for Vitreo's $300 million Angus silica sand mine, letting the project advance to permitting.
Cameco has resumed production at Cigar Lake after Orano restarted the McClean Lake mill, with 2026 output guidance unchanged at 17.5-18.0 million lb.
Brent and WTI rose to four-week highs on renewed Middle East supply fears, while gold struggled to hold gains despite softer U.S. inflation data.
A May 14 FTC notice names Elon Musk as buyer of APR Energy's operating business in an unannounced deal reports value at more than $1 billion.
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